Toyota may build as many as five assembly plants in North America over the next ten years, according to a report by Bloomberg News. Citing sources familiar with the plans, the news organization said Toyota was considering the move to meet growing demand and counteract political backlash over imports from Japan.
The company would build at least one factory in the southeastern United States, and one in Mexico, the sources said.
An additional five plants would give the Japanese automaker roughly the same number of facilities as Ford , which is currently closing a number of plants. Five factories would create around 10,000 jobs, Bloomberg said.
